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Technology Stocks : Winstar Comm. (WCII)

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To: Steven Bowen who wrote (1493)7/8/1997 8:07:00 PM
From: Robet Butkus   of 12468
 
Floating debt on a reset for stock is not great. What happened to the other people
you did debt oferings for WCII on NO reset. They have stock in the 20 area...and I am sure are
not happy.

Doing debt offerings is a common practice, but this one hurt them, and the stock price.
This you HAVE to admit....for those that are in above 20, a loss is still there.

I have made money and will continue to do so on WCII. As long as the
volume stays up and the volitilty is there great. When that stops..next.

As always, just an opinion. My question about making 800k+ a year when the company is burning cash was
never answered by the way...FWIW.

Go get em..
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